Domestic-based, end-to-end mortgage services provider LenderLive has announced the hiring of Scott Banks as the new SVP of Finance, Mortgage Services.
Banks has more than 25 years of experience in the mortgage and financial services industries. His previous roles include a series of executive positions with HSBC Bank, notably as director of Corporate Planning and Analysis, director of Group Reporting, and director of Capital Markets and Treasury Support for HSBC Mortgage Services. He most recently served as director of Financial Performance and Analysis of Discover Home Loans, the mortgage division of Discover Financial Services. He has also worked for Merrill Lynch Credit Corporation as VP of Finance/Investor Reporting.
In the newly created position of SVP of Finance, Mortgage Services at LenderLive, Banks will oversee the firm’s Investor Reporting Treasury and Bank Reconciliation functions. He will also be responsible for the development of budgets, forecasts, financial reporting, and analyses to support new business initiatives and show return on investment, according to the firm’s announcement.
“At LenderLive, we are committed to providing our customers with a superior level of service,” said Dave Vida, president of Mortgage Services at LenderLive. “Scott is a proven leader and industry veteran whose addition to the team will make us better able to serve our clients’ individual needs and provide solutions that will help them stay compliant in the ever-changing regulatory environment.”
LenderLive is based in Denver, Colorado.